Hamilton Capital Partners LLC Makes New Investment in Invesco NASDAQ 100 ETF (NASDAQ:QQQM)

Hamilton Capital Partners LLC purchased a new stake in shares of Invesco NASDAQ 100 ETF (NASDAQ:QQQM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,245 shares of the company’s stock, valued at approximately $893,000. Invesco NASDAQ 100 ETF comprises 0.6% of Hamilton Capital Partners LLC’s portfolio, making the stock its 20th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in shares of Invesco NASDAQ 100 ETF by 18.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,154 shares of the company’s stock valued at $433,000 after buying an additional 339 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in Invesco NASDAQ 100 ETF by 23.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 8,214 shares of the company’s stock valued at $1,650,000 after acquiring an additional 1,549 shares during the period. Bensler LLC grew its position in Invesco NASDAQ 100 ETF by 8.6% in the 3rd quarter. Bensler LLC now owns 17,528 shares of the company’s stock valued at $3,520,000 after acquiring an additional 1,395 shares in the last quarter. Hollencrest Capital Management increased its stake in Invesco NASDAQ 100 ETF by 1.7% during the third quarter. Hollencrest Capital Management now owns 423,236 shares of the company’s stock worth $85,007,000 after purchasing an additional 7,029 shares during the period. Finally, Shoker Investment Counsel Inc. boosted its stake in shares of Invesco NASDAQ 100 ETF by 2.5% in the third quarter. Shoker Investment Counsel Inc. now owns 7,861 shares of the company’s stock valued at $1,579,000 after purchasing an additional 189 shares during the period.

Invesco NASDAQ 100 ETF Stock Performance

NASDAQ QQQM opened at $202.50 on Friday. The firm has a market cap of $40.21 billion, a price-to-earnings ratio of 33.44 and a beta of 1.18. The firm has a 50 day simple moving average of $213.61 and a 200-day simple moving average of $207.39. Invesco NASDAQ 100 ETF has a one year low of $169.96 and a one year high of $222.64.

Invesco NASDAQ 100 ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.3103 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco NASDAQ 100 ETF Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.